Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Parramatta Park › Severin St
$730,000
Last sold
23 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$730,000
23 Dec 2024 · derived via latest_sale
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Parramatta Park
-4.2%
Median sale
Suburb $762,000
+0.17 pp
Gross yield
Suburb 3.98%
Suburb median $762,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $583/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Paradise Property Group QLDA property with great returns and lots of potential. You can either choose to maintain it as the current thriving business, with international students leasing at a 10% gross return, or you can divide the block into two and build your new home-or even double the potential income due to the two-street access.
This charming Queenslander property features four bedrooms, two bathrooms, and an office, with an upgraded communal kitchen, lots of open space, and plenty of storage underneath that can be converted into additional areas. Located on the city's fringe, there's no shortage of interest in FNQ from Working Holiday Makers, students, and nurses looking to live and work close to the city, making this a perfect investment for you.
STANDOUT FEATURES
- Fantastic investment opportunity or large Queenslander house close to the city.
- 4 bedrooms, 2 bathrooms, additional study, and lots of storage underneath with fans and air-conditioning.
- Both levels have one bathroom each, with vanity, shower, and toilet, ensuring ample space for residents living on-site.
- Choose to leave it as is, or divide the block, build a new dream home, or double your potential income via two-street access on Clare Street and Severin Street.
- The property comes fully furnished, with all beds, couches, and chairs, washing machine, barbecue, including utensils for cooking (plates, bowls, cups, forks, and knives).
- New large kitchen with induction cook top, electric oven, dishwasher and with individual large pantry spaces for each room, along with multiple fridges and freezers to ensure each resident has sufficient space for their cooking needs.
- Multiple indoor and outdoor common areas, with an upstairs balcony on both sides to enjoy company, or just unwind and relax.
- Brand new roof, Timber floors, air-conditioning, and fans throughout all bedrooms and living spaces.
- Conveniently located close to the CBD, major schools, shops, and amenities.
- Forecasted 10-15% gross returns per annum.
*** BEST OFFERS ON OR BEFORE 5.00 pm on Wednesday 30th October 2024, unless the property is sold prior to this date. For more information, to pre-register, or to arrange your own private inspection please call JAN HOOGHE on 0406 520 941 ***
Please call JAN HOOGHE on 0406 520 941 or SEAN THORPE 0431 052 490 for more information or to book your very own private inspection or receiving your full virtual walk through.
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavors have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement
Listing description written by Jan Hooghe, Paradise Property Group QLD — reproduced as published, not verified by Districts.